Conference Call with Jai Balaji Industries Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Iron & Steel Products company Jai Balaji Industries announced Q3FY25 results Revenue from operations for the Q3FY25 stood at Rs 1,486.39 crore. EBITDA was Rs 189.90 crore in Q3FY25 and the EBITDA margin was 12.77%. PBT was Rs 169.62 crore in Q3FY25 and the PBT margin was 11.41%. Sanjiv Jajodia, Whole-time Director & Chief Financial Officer said: "We are pleased to report that Jai Balaji has m aintained healthy performance on a year to date basis, am idst challenging m arket dynamics. On QoQ basis there has been a decline owing to lower production and sales realisations of some of the finished steel products. We are very optimistic fo r the last quarter of FY25, owing to get better results on the strategic capex done by the com pany on its value added products. We continue to be focused on the value chain comprising of Dl Pipes and Ferro Alloys, which shall continue to contribute more in the topline as well as bottom line o f the company. Despite the complexities o f the global operating environm ent and the pressure on commodity prices due to China's m acroeconom ic trends, our strategic focus on value-added products and operational efficiencies has enabled us to navigate these challenges effectively. We remain com m itted to leveraging our strengths to drive sustainable growth and meet the evolving demands of both domestic and international m arkets." Result PDF
Iron & Steel Products company Jai Balaji Industries announced Q2FY25 results Revenue: Rs 1556.57 crore compared to Rs 1,546.63 crore during Q2FY24, change 0.64%. EBITDA: Rs 228.19 crore compared to Rs 213.48 crore during Q2FY24, change 6.89%. EBIDTA Margin: 14.66% for Q2FY25. PBT: Rs 212.74 crore compared to Rs 201.55 crore during Q2FY25, change 5.55%. PAT: Rs 153.16 crore compared to Rs 201.55 crore during Q2FY24, change -24.01%. PAT Margin: 9.84% for Q2FY25. EPS: Rs 8.42 for Q2FY25. Aditya Jajodia, Chairman and Managing Director said: "We are pleased to report that Jai Balaji has maintained healthy performance on a half yearly basis, amidst challenging market dynamics . On quarterly basis, we have been able to maintain the numbers when compared to YoY, however on QoQ basis there has been a decline owing to lower production and sales realisations of som e of the finished steel products. We are very optim istic for the second half of FY25, owing to get better results on the strategic capex done by the company on its value added products. We continue to be focused on the value chain comprising of DI Pipes and Ferro Alloys, which shall continue to contribute more in the topline as well as bottom line of the company. Despite the com plexities of the global operating environment and the pressure on commodity prices due to China's macroeconomic trends, our strategic focus on value-added products and operational efficiencies has enabled us to navigate these challenges effectively. We remain committed to leveraging our strengths to drive sustainable growth and meet the evolving demands of both domestic and international markets." Result PDF
Iron & Steel products company Jai Balaji Industries announced Q1FY25 results: Revenues from operations for the quarter stood at Rs 1,718 crore as against Rs 1,483 crore in Q1FY24 Adjusted EBITDA for Q1FY25 at Rs 325 crore as against Rs 206 crore in Q1FY24 showing an increase by 58%. Net profit for Q1FY25 at Rs 209 crore as against Rs 170 crore in Q1FY24 showing an increase in 23%. Reported highest EBITDA margins On path to achieve a net debt free status within the next 12 months Aditya Jajodia, Chairman and Managing Director said: "We are thrilled to share that Jai Balaji Industries has undergone a remarkable transformation this quarter, characterized by substantial growth. This growth trajectory has been fueled by a remarkable increase in demand for our Dl Pipes and specialized Ferro Alloys and other steel products. We are proud to report a noteworthy EBITDA of Rs 325 crore and Profit after Tax (PAT) of Rs 209 crores in this quarter. Our strategic emphasis on premium products has been a game-changer. Share of Value added products comprises of around 50% of our revenue, demonstrating their growing importance in our portfolio. We continue to focus on our path to increase the contribution of value added products in our profile of products , which will further strengthen our financial position." Result PDF
Conference Call with Jai Balaji Industries Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.